and Roberto Dagnoni (Chairman of Mercado Bitcoin).
🔹 Two structural shifts became clear: 1️⃣ Tokenization is inevitable: RWAs jumped from US$ 13 billion to US$ 30 billion in one year, with 24/7 liquidity, native interoperability and immediate settlement, in contrast with the T+2 of traditional markets. 2️⃣ Stablecoins are already systemic: they grew from US$ 170 billion to US$ 280 billion over the last 12 months, with increasing use in emerging markets as a store of value, most of them backed by dollars. 🔹 Campos Neto's warning: Central banks will have to deal with the disruption of the credit function, as deposits migrate to digital wallets. The solution? Token deposits: bringing tokenized deposits onto bank balance sheets, preserving lending capacity. 🔹 What does this mean? We are facing a tectonic shift: programmable assets, instant settlement and stablecoins shaping not only capital markets but also global monetary policy. 📌 The debate is no longer whether, but when and how regulators and financial institutions will converge on this new model.
Watch the full event video at: https://lnkd.in/dKr92weM
We thank Maurício Chamati, one of the founders of MB | Mercado Bitcoin, for the invitation to the event.
